XVGBTC trade ideas
XVG FallTarget: The area of interest
Reason: Data shows rejection of bulls below the exclamation mark . After dropping down XVGBTC price has been staying underneath 50 EMA zone without going over the line. A retest may still be possible but the symmetrical triangle shows that the price leans more towards the bottom. Volume has been low also. My eyes tells me that a H & S pattern could be forming as drawn.
Verge To Hit Dream Numbers Just like zclassic / Monero Part 3Now look at the Bottom or Significant Low ( Gray time zone )
It is the same metrics as the previous post.
What this deep Spec will tell you is that , NOW is the time to buy a lot of these baby boomers.
Because soon in a near future Verge is going to Hit a 300 dollar number and then you will look back thinking that
I Gave You This Information In Advance.
Let's make it happen.
If you like my specs show it and hit the like button.
I usually keep this private, but this one will generate a lot of money so i shared that intel.
Good luck
Verge To Hit Dream Numbers Just like zclassic / Monero PART 2This is The Deep Spec of Verge
Using Fibbonacci Time zone
The way Fib Time Zone Work is following:
The First one is put at the first significal LOW and connected to the Next time it bottomed at that low...
So lets take a look back in in time...
We see that it isn't before Time zone 4th that the price rose to madness..
and if you take a closer look then you will see the significal low right after that.
Now check out the future time line on the next post.
Stay Bullish on this.
Verge To Hit Dream Numbers Just like zclassic / Monero Verge is definitely bullish
to look at the green lines indicates the continuation of the price rising.
The Fib Speed Arc Goes / Red = selloff , Mid Green = Early Buy , Green = Buy , The green after that Indicates WHEN EVERY ONE ELSE BUY lol.
The rest is up to the volume and how many nodes are active.
Further more
Consider the fact that This is an Anonymous Crypto in other words
XVG / Verge is Undervalued.
Think about it.. All the cryptos that have been rising, are only the Anonymous one's
So adding that to the current price of Verge, Then we will see price move up a lot this year and the next .
XVG repeat chart 01June - 28AUGit touched resistance line 3th time. in few days expecting breaking out...
Where XVG go?I create BIG triangle. Now XVG is near the end of the triangle. will it break the lower or upper boundary? it seems to me closer to the bottom.
XVG IdeaMany are waiting for a XVG breakout. BTC still in correction, I do not see BTC climbing up within the next 2-3 weeks and breaking the strong resistance, maybe still retesting Support ~ 8000 or lower. XVG pretty much, as most Altcoins, waits for the correction to be over. The little Circle shows the potential when BTC climbs up, XVG reacts simultaneously. When BTC little run to ~9247, XVG went up a bit too, no surprise in that.
You see a beautiful elliott wave with an ABC correction, I suppose the rise of XVG is just a matter or time. News of XVG aren't too exciting, on the other side XVG hadn't the chance to break out within the last weeks. Volume is low, support around 550 is strong, MACD doesn't show any strong reaction up within the next days or weeks. RSI around ~30 (12h chart), oversold and that's a good sign. Price of XVG around 600 today. I see XVG going up to 1 US Dollar till September. The concept is good, whitepaper and team looks promising as the project itself.
Verge (XVG) - How To Trade 4 Beginners (Sideways + Downward)I drew a descending channel, resistance and support levels, for Verge (XVG) about 20 days ago. The coin has been trading within this descending channel and the support level has been holding strong.
This support level mentioned above sits around the 600 satoshis (0.00000600 btc). Which is also the EMA90. This level can hold longer, but it can also break. For now we are going sideways with bearish tendencies, which is normal as this coin is on its correction / consolidation phase. (You can see all this in my old trade idea in the updates section below) .
I believe this level will be broken, If this level breaks, you can expect XVG to test the next one and then the next one. For now we focus on the next one, for me which is around the 450 satoshis (around because it can be higher or lower, but near this price).
I also added a new resistance line around the 930 satoshis level. This is a strong resistance, smaller resistance will be faced if Verge decides to shoot up.
To trade this coin, please stay on the sidelines, watch from afar. The market is correcting, so is Verge, so there is high probabilities of the price going lower. The indicators on the chart are also bearish, which points to down movement.
There are no bullish signals on this chart. So wait until a bottom is reached / support is found, wait for the accumulation period, and then Verge can start its next run. This whole process can take several months to be completed.
For any questions please feel free to use the comment section below.
Thank you for your support again...
With much LOVE, from me, to YOU...
Namaste.
XVG Long Thoughts - based on previous chartI would be paying attention if it can break 690 with a buy order at 695 to capitalise on the break out. (upper two purple lines)
Stop loss at lower purple line.
Verge Trading IdeaXVGBTC currently at bottom of local channel, forming ascending triangle. Potential breakout if BTCUSD conditions are favorable short term.
Technical Analysis VergeNot very experience with TA, but it's something creative I wanted try out and share with the community.
Enjoy :)
XVG Looking Good on 4HR - Watc the next 4hr candle howeverWe are above the 20d and 50d ma and broken up the 4hr resistance line. Had confirmation of 2 x 4hr candles, but see a bearish engulfing 4hr candle.
What to see if there is a bearish confirmation to signal false breakdown. If not, could be a good buy signal as XVG breaks out of downtrend.
XVG Can get you 150% Profit If you follow thisXVG Good time to buy Below 630
TP 1 - 700
TP 2 - 734
TP 3 -1034
TP 4 - 1200
TP 5 - 1500
Stop loss if it breaks down trend line
Verge price predictionI did this the other day but forgot to publish it.
Verge broke the down trend pattern and formed a bear flag , respecting the support we had a beak out.
A pick up on the lower support line of the bear flag would see a current profit or around 10%
hopefully it heads to the next resistance around 717 SATS and has another break out.
If you are in verge, hold.Chart is based off verge/usd log chart, correlated into satoshis. True value of a coin is always represented on a usd chart. Prices and time frames are exact.
Do or die on XVGLooking like a do or die moment on XVG
If we break bull, im looking at an 830s target 1, 887 target 2.
